New York – August 19, 2009 -- Inc. magazine today ranked Layered Technologies, Inc. (Layered Tech) No. 622 on its third annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
Layered Tech, a global provider of managed dedicated hosting, on-demand virtualization/cloud computing and Web services, ranked in the top 12 percent of Inc.’s list because of its three-year growth rate of 441 percent. The Plano, Texas-based company invests heavily in R&D to add new technologies and services to remain a top 10 hosting provider globally. Layered Tech evolved from an emerging dedicated hosting company to a recognized Web hosting provider whose scalable infrastructure powers millions of sites and a wide array of Internet-enabled applications.
Methodology
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23–25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit www.Inc5000event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.
Layered Technologies, Inc. is a leading global provider of on-demand hosting and utility computing solutions whose infrastructure powers millions of sites and Internet enabled applications including e-Commerce, Software as a Service (“SaaS”), content distribution and more.
Layered Technologies enables customers to forego capital expenses and save on operating costs while focusing on core business issues. Clients range from leading-edge Web 2.0 startups, successful mid-sized enterprises and some of the world’s largest consultancy and integration firms.
For more information, visit www.layeredtech.com.
